Thailand's May Inflation Accelerates to 2.79% Driven by Fuel and Food Prices
Thailand's consumer price index rose 2.79% year-on-year in May, accelerating inflation for the second consecutive month. Soaring fuel prices, driven by Middle East tensions and shipping route uncertainties, were the primary cause, leading to increased transport costs, prepared foods, and fresh vegetables. The government maintained its annual inflation forecast.
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Thailand's consumer inflation accelerated for the second consecutive month in May 2026, reaching 2.79% year-on-year. Rising fuel costs, leading to increased transportation and food prices, were the primary drivers. Southern Thailand recorded the highest regional inflation at 3.51%.
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